In re BRANIFF AIRWAYS, INC., et al., Debtors.
BRANIFF AIRWAYS, INC.; Braniff Airways, Inc. — IAM Pension Plan; and Alan K. Stewart, William C. Oliver and Steven S. Turoff, Constituting the Retirement Committee of the Plan, Plaintiffs,
v.
INTERFIRST BANK, DALLAS, N.A. as Trustee; and S.E. Edmondson, F.C. Irvin, and R.L. Chapman on their own behalf and on behalf of all Plan Beneficiaries, Defendants.
BRANIFF AIRWAYS, INC.; Air Line Pilots Association, International; Braniff Airways, Inc., Retirement Plan for Pilots, Part A; Dale States, Jack Boisen, John Skiba and Richard Russell, constituting the Retirement Board of Braniff Airways, Inc. Retirement Plan for Pilots, Part A, Plaintiffs,
v.
BANKERS TRUST COMPANY as Trustee; and W.P. McDonald, V.A. Cebell, III, N.G. Robinson and V.A. Quattlebaum on their own behalf and on behalf of all Plan Beneficiaries, Defendants.
BRANIFF AIRWAYS, INC., and the Braniff Airways — Teamsters Pension Plan, Plaintiffs,
v.
INTERFIRST BANK, DALLAS, N.A. Trustee; and H.G. Cooper, J.M. James, and I.C. Simpson, on their own behalf and on behalf of all Plan Beneficiaries, Defendants.
BRANIFF INTERNATIONAL CORP.; Braniff Airways, Inc.; Retirement Plan for Management Employees of Braniff Airways, Inc.; and Alan K. Stewart, William C. Oliver, and Steven S. Turoff, constituting The Retirement Committee of the Plan, Plaintiffs,
v.
INTERFIRST BANK, DALLAS, N.A. as Trustee; and Charles M. Mathews, R.G. Peterson and K.L. Mullick on their own behalf and on behalf of all Plan Beneficiaries, Defendants.
United States Bankruptcy Court, N.D. Texas, Fort Worth Division.https://leagle.com/images/logo.png
August 31, 1982.
August 31, 1982.
Attorney(s) appearing for the Case
Robert S. Savelson, Cohen, Weiss & Simon, Michael Crames, Levin & Weintraub, New York City, Jack Balzersen, Rochelle, King & Balzersen, Dallas, Tex., James Riley, Gen. Counsel, Braniff Int'l World Hdqts. Dallas-Ft. Worth Airport, Tex., Melvin Garbow, David Bonderman, Arnold & Porter, Washington, D.C., for plaintiffs.
Warren Shipman, McGown, Godfrey, Decker, McMacklin & McClane, George Crowley, McDonald, Sanders, Ginsburg, Phillips, Maddox & Newkirk, Ft. Worth, Tex., Charles Plenge, Johnson, Bramberg & Leeds, James Hicks, Hicks, Gillespie & James, Dallas, Tex., Edward Kemble, Cantey, Hanger, Gooch, Munn & Collins, Ft. Worth, Tex., Stroock & Stroock & Lavan, Washington, D.C., for defendants in No. 482-0337.
Ernest W. DuBester, Highsaw & Mahoney, Washington, D.C., Philip Smith, Jr., Akin, Gump, Strauss, Haver & Feld, Dallas, Tex., John E. Collins, Irving, Tex., for defendants in No. 482-0336.
Morgan Williams, Mehl, Williams & Cummings, Ft. Worth, Tex., Barbara Houser, Locke, Purnell, Boren, Laney & Neely, Dallas, Tex., for defendants in No. 482-0339.
L.N.D. Wells, Jr., and Mr. Edward Cloutman, III, Mullinax, Wells, Baab & Cloutman, Dallas, Tex., for defendants in No. 482-0338.
United States Bankruptcy Court, N.D. Texas, Fort Worth Division.
MEMORANDUM OPINION
JOHN FLOWERS, Bankruptcy Judge.
The Debtor, Braniff Airways, and the other named Plaintiffs filed Motions for Interim Relief in each of four pending adversaries requesting this Court to authorize a reduction in the amounts to be received for the month of September by beneficiaries of four Braniff pension plans (the Plans). Plaintiffs name the trustees of the various Plans and representative members of each group of beneficiaries as Defendants...
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